France-based enterprise tag management company TagCommander has raised €6.5m ($8.2m) in its series B round from participants including XAnge Private Equity, the strategic investment subsidiary of postal service La Poste.
The round was led by Hi Inov, the family office of Dentressangle Initiatives, and also featured BPIfrance, France’s public investment bank, which invested through its Digital Ambition Fund.
TagCommander provides customers with a cloud-based system to help marketing teams manage vendor tags within their websites and mobile apps. The funds will be used by TagCommander to speed up its European expansion plans.
XAnge previously invested €1.5m in the company’s series A round in 2012.